Stuck in the channel (3/8 - 5/8) | 07 September 2015

07 September 2015, EUR/USD

stuck in the channel (3/8 - 5/8)

The four-hours chart of EURUSD. The pair rebounded from the first level (5/8), then easily overcame the major support / resistance level (4/8) and stopped at the level of (3/8). There are all prerequisites for a further price movement within a horizontal channel (3/8 - 5/8). This option will be the main as long as the price will stay within the borders of the above mentioned channel.

solutions: buy from the level 1.1108 (3/8). < / p>

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .